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Business Law Insights: Stay Informed, Stay Ahead

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BUSINESS SUCCESSION PLAN

While there is not a definitive plan regarding business succession, there are a few key points a company should consider for business succession planning: Identify Key Roles: Determine which positions are critical to your business’ daily operations and long-term...

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Recent BOI Ruling

In a significant development, a federal court in the Eastern District of Texas has reinstated the Beneficial Ownership Information (“BOI”) reporting requirements under the Corporate Transparency Act (“CTA”). This ruling came after a nationwide injunction was lifted,...

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2025 Updates for Corporations/LLCs

Annual Reports: Corporations and LLCs must file an annual report every year. You can complete this process through the Secretary of State’s website, or I can handle it. Failure to file your annual report can lead to the State dissolving it, leaving you with no legal...

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FIFTH CIRCUIT REINSTATES BOI FILING

The Financial Crimes Enforcement Network (“FinCEN”) has recently reinstated and extended the deadline for entities to file beneficial ownership information. This change comes after a federal appeals court lifted a nationwide injunction against the reporting...

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BOI/Corporate Transparency Act Injunction

The other day, the U.S. District Court for the Eastern District of Texas entered a nationwide injunction related to the CTA.  It said, “[t]he Court has determined that the CTA and Reporting Rule are likely unconstitutional for purposes of a preliminary injunction. It...

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Why Small Businesses Should Outsource Their HR Departments

Running a small business in Massachusetts comes with its own set of challenges, especially regarding employment law.  Understanding these laws is essential to avoid costly legal mistakes.  Here's a look at some critical aspects of Massachusetts employment law and the...

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SUCCESSOR LIABILITY IN CORPORATE TRANSACTIONS

I’m always reading recent case law reports to see what is happening in business law.  A recent case, Prism Group Inc. v. Slingshot Technologies Corporation, highlighted the complexities of corporate liability. This case dealt with the legal responsibilities of...

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